Jain Resource Recycling Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Jain Resource Recycling reported consolidated revenue from operations of approximately Rs. 2,725 crores in Q1 FY27, up around 76% year-on-year, with EBITDA of approximately Rs. 110 crores and PAT of approximately Rs. 69 crores. Management said EBITDA margin moderated year-on-year to around 4% due to evolving product mix and the ramp-up of the value-added copper business, though it improved sequentially from Q4 FY26. Management also discussed a furnace accident at the Unit-2 facility on July 14, 2026, the commissioning of the copper anode facility, and delays to the Kuwait investment due to the West Asia geopolitical situation.
Jain Resource Recycling reported FY26 revenue growth of 48% and EBITDA growth of 53%, with EBITDA margin improving to 5.9% and PAT margin to 3.6%. Q4 FY26 EBITDA margin fell to around 3.5% due to a decline in sales realization formulas versus LME copper prices and higher shipping and logistics costs from the Iran-Israel conflict. Management said the copper anode facility commenced production in March 2026 and detailed progress on cathode, wire rod, bus bar, Ahmedabad joint venture, and Kuwait projects.